Customer Reviews

Fail-Proof Your Business: Beat the Odds and Be Successful

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This easy-to-read book, which focuses on avoiding the common mistakes made by most new business owners, also discusses the telltale warning signs of failure, how to deal with them and how to prevent potentially fatal problems. Adams offer basic financial tips--how to devise a simple cash analysis report, prepare a budget, put together a one-page financial statement and more--and touches on such topics as accounts receivable, profit margins, budgeting, cash management and collections. Adams, himself once on the brink of business failure, clearly and pointedly addresses the risks that concern all entrepreneurs, reveals the countless threats most have never considered, and shares some cogent counsel. This one is certainly worth a read.

As a part-time, adjunct professor who teaches in the evening management courses and as a management consultant, I find that Dr.Adams avoids the conventional academic jargon and the everyday stuffiness frequently found in the management literature. He writes in a matter-of-fact, easy to read, conversational style. His vast experience based on his personal near-failures and those of others provide a wealth of worthwhile material. I encourage all who are contemplating entrenpreneurship to read this book. I intend to urge my college to make this book required reading for all management degree students. Additionally, I intend to integrate Dr. Adams's "points to remember," found at the end of each chapter, in my work as a management consultant as I assist CEOs and their organizations in enhancing their efficiency and effectiveness.

...The concepts and ideas in this book have proven invaluable. Starting my first business, I avoided many of the failures other have experienced and have built this small company to a 5 million dollar a year operation thanks to the many insightful examples and passages. In particular, I was able to start the business with little cash, and by using my vendors credit, I was able to build the company without accumulating any long term debt. Its just great to have a guide to help you through the many complex issues in starting, growing and running a small company......

Scott R. Adams - President and CEO - Digital Video Communications, Inc.

Paul E. Adams' book should be read and reviewed by all new and existing entrepreneurs to help them "steer clear" of problems that could cause the demise of their ventures!

As an entrepreneur I know how important it is to prepare before getting involved in a startup business. We here at BusinessNation.com get a number of enquires, everyday from aspiring entrepreneurs with regrads to starting and running a small business. This book provides some valuable advice and information, which will help one understand all the aspects of starting and running a business. It is written by someone who has business and entrepreneurial background. However, I feel that it is written in a very simple and easy to understand fashion without all the unnecessary jargon. I certainly recommend this book to an aspiring entrepreneur and to those who are already in business.

I was sent a forwarded marketing letter on this text throught the email. My first thought was to disregard it. I am greatful I didn't. How rare it is to find someone to talk about the real world of small business, and play the "devils advocate", instead instilling false hope, myths and the percentage hype. Dr. Adams clearly a veteran of small business (18 years) and an accreditied educator steps out of the promised "yellow brick roadisms", and "shoots straight from the hip." How refreshing. If you have a small business, are thinking of starting one or in the process of doing so....do yourself a favor and read this book. With an 80% failure rate of small business start-ups; 50% of those in the first year(SBA)...you owe it to your dream, and financial risk. A famous man once said..."An ounce of prevention...is worth a pound of cure." Paul E Adams contribution is common sense personified...in a small business world that is often, virtually questionable. David Messinger Consult4u

I believe that many people fail in business not because they have chosen a bad business but because they neglect important aspects of their business. Owning your own business is more than providing a product or service. As a business owner you are also the accountant, marketing director, leader, public relations and more. This book covers information crucial to success. Topics include money issues, staying focused, leadership, communication, promotion and more. An important book in any entrepreneur's library.

We all want our businesses to succeed. Who goes into business to fail? Yet the facts tell us that the odds aren't in our favor. What can you do about it? Read this book!

Mr. Adams gives honest, real world advice that any entrepreneur can use. After all, much of the advice comes from his own experiences (near failures brought to success!) in business. The title of this book, at first glance, made me think that maybe the author would be concentrating on the negative sides of business ownership, but the opposite was true! He gives you tools AND hope for building a successful business.